Apparatus, system, and method for managing data and workflow

Apparatus, system, and method for managing data and workflow

An apparatus and method for electronically managing and approving a loan application. The apparatus may include a document administration module, a loan officer module, an underwriting module, and an administration module, with each of the modules interacting with one another. Further, at least one...

Ausführliche Beschreibung

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Bibliographische Detailangaben
Hauptverfasser: HORN JOEL A, LLOYD IAN GEORGE ALEXANDER, RUBLEY THERON J, SARAF RITESH
Format: Patent
Sprache:eng
Schlagworte:
CALCULATING
COMPUTING
COUNTING
DATA PROCESSING SYSTEMS OR METHODS, SPECIALLY ADAPTED FORADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORYOR FORECASTING PURPOSES
PHYSICS
SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE,COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORY OR FORECASTINGPURPOSES, NOT OTHERWISE PROVIDED FOR
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Beschreibung
Zusammenfassung:An apparatus and method for electronically managing and approving a loan application. The apparatus may include a document administration module, a loan officer module, an underwriting module, and an administration module, with each of the modules interacting with one another. Further, at least one of the modules operates on a document, and a plurality of the modules may simultaneously operate on the loan application. The method may receive a loan application, generate an indication of at least one document required to approve the loan application, electronically receive the at least one document, store the at least document, provide access to the at least one document; electronically underwrite the at least one document, and in response to electronically underwriting the at least one document, electronically approve the loan application.